George Mason the leaders said they had explained the financial pressures that had caused the university’s tuition to rise and had been assured by state leaders that they work on ways to resolve systemic issues.
“I consider this a great victory,” said Gregory Washington, president of the university. George Mason’s Board of Visitors.
In a written statement, Washington also said the university has always stood for the ideal of keeping student tuition as low as possible.
On Thursday, the board approved the credit, equivalent to $285 for full-time undergraduate students. This will effectively bring in-state undergraduate tuition to $9,510 for this year.
decision offering credit creates a shortfall of approximately $5.8 million for this fiscal year.
“This year’s initial increase was the result of a careful effort to balance maintaining a quality student experience while limiting the economic impact on Virginia families,” said Horace Blackman. , rector of the board of visitors, in a written statement on Thursday. “Mason will now work to rebalance operations based on this new cut, with our commitment to minimizing negative community impacts.”
Earlier this month, the University of Virginia approved a one-time credit of the amount of a tuition increase that took effect this fall, leaving George Mason as the only public university with a tuition increase. still in place.
U-Va. should heed Youngkin’s call for fixed tuition with reimbursement
George Mason’s board of trustees met in June to consider the governor’s request that the 3% increase for state undergraduates for the 2022-23 academic year canceled and appointed a committee to study the matter.
In a statement at the time, the council wrote that it supported the governor’s intention to help families fight inflation. But he noted that the school receives less funding than all but one of Virginia’s other five graduate institutions, despite being the largest public research university in the state and operating in the toughest job market. expensive and most competitive in Virginia. Inflation was increasing operating expenses, the board wrote, and the inability to pay competitive salaries led to continued loss of talent.
On Thursday, Youngkin praised steps taken by the state’s public college and university boards to ease “the burden on Virginia families and students during a time of high inflation and high cost of living.” The schools collectively serve more than a quarter of a million students.
“Early in my administration, I encouraged all colleges and universities to take up this challenge,” Youngkin said in a statement, “and I am thrilled that now all students in Virginia have the opportunity to pursue higher education in every public college, university and commonwealth community college without fear of tuition hikes.